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korrents.com
Banks cannot globalize like software companies because banking is tightly bound to national monetary sovereignty.Their words
banks can't globalize the way other firms can because the banking system is so close to a form of sovereignty: governments very carefully guard the privilege to create more money, and when they give it out, there are strings attached.
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19 September
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11 March
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Their words
Another way of putting it is that a collection of dozens of solvent well-run banks can still be broken as a group if they become greatly overleveraged compared to how many depositors want their money back at once.
13 August 2025
From one piece Open Banking and payments competition 2 beliefs, in the piece's order there
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Their words
Almost all discussions of it center on “data”, but it’s actually a fight about payments, and whether banks have a right to monopolize and charge for all economic activity their users engage in, irrespective of whether the bank operates the payment method.
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korrents.com
Having banked almost everyone does not entitle banks to a fee on every transaction in society.Their words
We have made enormous strides, both from the financial industry and civil society, in banking almost everyone.
16 July 2025
From one piece The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bank 2 beliefs, in the piece's order there
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Their words
You know, in the banking business, the character the clients you have will reflect in your bank. So, the first thing is who you're doing business with, how you're doing business
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Their words
A lot of our middle market clients use investment banking products. A lot of our consumer clients use some effects. So, all of our businesses feed each other. There's no extraneous. We got rid of everything that didn't fit a strategy.
2 June 2025
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Their words
There is, however, one approach that tops all of them - which the Swiss banking industry has not yet achieved, but is destined to. And that is to become a centre of true investing excellence.
9 December 2024
7 October 2024
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Lovedrcmnd.app
The Dagger and the CoinTheir words
This is a worthy entry in the genre. It suffers a bit from extensive plot not about banking and characters who barely speak to dragons. But all of that irrelevant fluff makes it one of the most underrated fantasy series I’ve ever read.
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